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Stablecoins Move into Card Payments and Remittances

Global card companies are incorporating stablecoins into their payment and remittance infrastructure in earnest. With instances emerging of companies moving beyond partnerships and demonstrations to…

  • Major financial institutions acquiring stablecoin infrastructure firms directly.
  • Visa's pilot service pays freelancers in stablecoins, partners with Zero Hash.
  • Mastercard completes $1.8B acquisition of BVNK, expanding stablecoin strategy.

Insurer Sales Face Capital Hurdles

As major insurers including KDB Life Insurance, Lotte Non-Life Insurance, and Yebyeol Non-Life Insurance come to market in quick succession, the financial sector’s calculus surrounding potential…

  • New capital regulations require 50% K-ICS ratio starting next year.
  • Acquisition costs may exceed purchase price, hindering sales.
  • Multiple insurers face core capital deficits exceeding 350 billion won.

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